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Why Sometimes debtor's A/c Showing Credit Balances ?

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Question ajoutée par Biswarup Das DAS , Assistant Manager - Finance & Accounts , Strategic Marketing Solutions and Research center Pvt. Ltd.
Date de publication: 2017/03/29
ashraf arappoil
par ashraf arappoil , Manager Accounts and Finance , Unisafe Fire Protection Specialists LLC

debtors paid advance showing debtor account credit balance

debtors paid excess amount  debtor account showing credit balance

PRAVEENKUMAR N
par PRAVEENKUMAR N , EXECUTIVE ACCOUNTS & FINANCE , V STAR CREATIONS

now a days goods delivery after they are make payment sometimes excess amount paid debtors then next piont is creditor make a credit note so, debtor ledger shows credit balance against our scheme for a expamle cash discount & slaes target like wise ..

LAEEQ AHMED
par LAEEQ AHMED , Projectors , ALMOE DIGITAL SOLUTIONS LLC is a Unit of ALMOE GROUP Founded in 1994

When Debtors paid Advance Against the Contract / purchases then the debtor shows a credit balance in the books.

barbar araiji
par barbar araiji , Microsoft Excel Teacher , Ex-pert

When the client pay in advance , or if the client pay before invoicing . 

Rakhi Vallath
par Rakhi Vallath , Trade Accountant & Admin Assistant , Dragon Racing International

Normally the receivable account shows debit balance but when the amount is received in advance then it shows a credit balance

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